China establishes company to make its own jumbo jets
- added May 11, 2008
- 8 responses
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- kushan
- added this
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China has established a homegrown company to make passenger jumbo jets, state media reported Sunday - a step forward in the country's quest to become less dependent on Boeing and Airbus.
China Commercial Aircraft Co. was established in Shanghai with registered capital of 19 billion yuan $2.7 billion, the official Xinhua News Agency said.
It said the central government and the Shanghai government are among the major shareholders, as are China's two main aircraft manufacturing and servicing companies, China Aviation Industry Corp. I and China Aviation Industry Corp. II, which were split off from state-owned China Aviation Industry Corp. in 1999.
Europe's Airbus has forecast that China's domestic market will increase fivefold by 2026. Airbus and Chicago-based rival Boeing dominate the market for commercial airplanes carrying 100 or more people.
Xinhua said Commercial Aircraft Co. will be able to make planes with more than 150 seats.
General manager Jin Zhuanglong said in a Xinhua interview that it was too early to say when a Chinese-developed jumbo jet would be taking off, as it would take a long time to develop homegrown talent and do research.
China Commercial Aircraft Co. was established in Shanghai with registered capital of 19 billion yuan $2.7 billion, the official Xinhua News Agency said.
It said the central government and the Shanghai government are among the major shareholders, as are China's two main aircraft manufacturing and servicing companies, China Aviation Industry Corp. I and China Aviation Industry Corp. II, which were split off from state-owned China Aviation Industry Corp. in 1999.
Europe's Airbus has forecast that China's domestic market will increase fivefold by 2026. Airbus and Chicago-based rival Boeing dominate the market for commercial airplanes carrying 100 or more people.
Xinhua said Commercial Aircraft Co. will be able to make planes with more than 150 seats.
General manager Jin Zhuanglong said in a Xinhua interview that it was too early to say when a Chinese-developed jumbo jet would be taking off, as it would take a long time to develop homegrown talent and do research.
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Oh..please no.... I don't want my plane's wings to fall of mid-flight.
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yeah i agree i wont buy anything from china
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Oh dear god help us all. If they can feed my pet melamine and arsenic, put lead in my children's toys and feed me food in number 3 6 and 7 plastic containers, then why wouldn't they also make the airplane I fly on?
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i can just imagine a few dozen new cities popping up overnight in some hinterland region of China where one factory is making just the plastic bags the passenger headphones come in , and another is manufacturing only the little light-bulbs which go in the overhead cabin consoles , etc. , and "quality control" basically consisting of a bunch of drunks being worked to death to deliver planes on time .
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So this is the China we have been getting a large proportion of our consumer products from for many decades, but when she starts to rival other 'super' powers, all of a sudden the quality standards drop? Yeah right!
"Fool me once, shame on you, fool me twice... you can't fool me twice!" -
knowing the quality of work produced in china, i'll be sure to never fly on one of those bad boys
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Oh..please no.... I don't want my plane's wings to fall of mid-flight
ipodrulz
yeah i agree i wont buy anything from china
riverdeer
Oh yeah, typical yank remember what was said about the Japs some decades ago...? -
Expect to see an exact replica of the Boeing Dreamliner in the coming years. Those guys will copy everything.
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- observer2121
- 1 month ago
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